Norfolk Southern,
CSX Profits Rise
On Brisk Demand

Norfolk Southern Corp. and CSX Corp. reported gains in second-quarter profit that reflect continued strong demand for rail transport that is helping them boost freight rates.

The two railroads, with tracks stretching across roughly the eastern third of the U.S., carry raw materials and finished goods ranging from coal to lumber to cars. Union Pacific Corp. and Burlington Northern Santa Fe Corp. previously reported large profit gains for the latest quarter, and the results at Norfolk Southern and CSX are another sign that...